XML 18 R33.htm IDEA: XBRL DOCUMENT v3.3.0.814
Pension and Postretirement Plans (Tables)
9 Months Ended
Sep. 30, 2015
Pension and Postretirement Plans  
Net periodic pension and postretirement health care benefit costs

 

The components of net periodic pension and postretirement health care benefit costs for the third quarter ended September 30 are as follows:

 

 

 

 

 

 

 

 

 

 

 

U.S.

 

 

 

 

 

 

 

International

 

Postretirement

 

 

 

U.S. Pension

 

Pension

 

Health Care

 

(millions)

 

2015

 

2014

 

2015

 

2014

 

2015

 

2014

 

Service cost

 

$

19.1

 

$

16.6

 

$

8.2

 

$

8.5

 

$

0.9

 

$

1.1

 

Interest cost on benefit obligation

 

22.8

 

22.5

 

10.1

 

12.2

 

2.4

 

2.7

 

Expected return on plan assets

 

(33.2

)

(32.1

)

(14.0

)

(13.4

)

(0.2

)

(0.2

)

Recognition of net actuarial (gain) loss

 

12.1

 

5.9

 

3.9

 

1.9

 

(1.5

)

(2.1

)

Amortization of prior service cost (benefit)

 

(1.7

)

(1.7

)

 

0.2

 

 

(0.1

)

Settlements/curtailments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total expense

 

$

19.1

 

$

11.2

 

$

8.2

 

$

9.4

 

$

1.6

 

$

1.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The components of net periodic pension and postretirement health care benefit costs for the nine months ended September 30 are as follows:

 

 

 

 

 

 

 

 

 

 

 

U.S.

 

 

 

 

 

 

 

International

 

Postretirement

 

 

 

U.S. Pension

 

Pension

 

Health Care

 

(millions)

 

2015

 

2014

 

2015

 

2014

 

2015

 

2014

 

Service cost

 

$

57.3

 

$

49.8

 

$

25.0

 

$

25.1

 

$

2.8

 

$

3.2

 

Interest cost on benefit obligation

 

68.4

 

67.5

 

30.2

 

37.5

 

7.2

 

8.1

 

Expected return on plan assets

 

(99.5

)

(96.3

)

(41.8

)

(41.0

)

(0.7

)

(0.8

)

Recognition of net actuarial (gain) loss

 

36.4

 

17.7

 

11.7

 

5.6

 

(4.6

)

(6.1

)

Amortization of prior service cost (benefit)

 

(5.2

)

(5.2

)

(0.1

)

0.4

 

(0.1

)

(0.2

)

Settlements/curtailments

 

 

 

 

0.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total expense

 

$

57.4

 

$

33.5

 

$

25.0

 

$

27.7

 

$

4.6

 

$

4.2